How a Slowing Economy Speeds the Oil Run-Up

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Heck of an inflation hedge if the hedge is being consumed!! It is an expanding money supply that is causing the run up in prices. Stop expanding or deflate and the prices will stabilize or go back down.

There is no way in heck that the Fed/big banks can handle no inflation or deflation. They need the housing prices to STOP going down or they are toast. Hence they must inflate.

And hence the value of real things like food, energy and gold will go up.

The US government is complicit in this.

I do not see the painless solution.

Scary times.

DenisL of MO 3:48AM June 08, 2008

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Beyond the Barrel

Marianne Lavelle, senior writer, seeks out the path to an energy future that doesn’t wreck the planet or put you in the poorhouse.

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